India’s top LNG importer mulls increasing term offtake as spot demand vanishes

Capt. John

India’s appetite for spot LNG cargoes has evaporated as prices set new seasonal highs this September, prompting end-users to switch to alternative fuels, AK Singh, chief executive of Petronet LNG, told S&P Global Platts on Sept. 22 on the sidelines of the Gastech 2021 conference. “Last year, almost 50% of our imports were sourced from …

The post India’s top LNG importer mulls increasing term offtake as spot demand vanishes first appeared on Hellenic Shipping News Worldwide.

Author: Capt....

https://www.hellenicshippingnews.com/indias-top-lng-importer-mulls-increasing-term-offtake-as-spot-demand-vanishes/

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